Special camp conducted in Madurai collectorate to receive petitions from public on monday
Madurai/Dindigul: A farmer from Kasampatti near Natham allegedly died by suicide after losing Rs15 lakh in the suspected FQL investment scam, triggering a road blockade by his relatives on the Natham-Madurai National Highway. Amid growing outrage, DGP Mahesh Kumar Aggarwal on Monday transferred all six related cases to the Economic Offences Wing (EOW) for a detailed inquiry.
A senior police official told TOI that 21 accused have been arrested so far from Madurai, Sivaganga, Dindigul and Virudhunagar districts in connection with the multi-district fraud through an app called FQL linked to cryptocurrency. Meanwhile, revenue officials set up a special camp at Madurai district collectorate campus, where 193 petitions related to the scam were received. Altogether, around 37,000 complaints connected to the FQL scam have been received in Madurai district so far.
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The deceased Raj had allegedly invested Rs15 lakh believing claims that it will double, according to police. On realising that he had fallen victim to an investment fraud, he was devastated, and subsequently hanged himself in a tree near Kasampatti, police said. The official said several bank accounts linked to the suspects have been frozen.
Raj’s relatives blocked the road near Vathipatti junction carrying his body, demanding action against those responsible for the scam. Though police held talks with the protesters, they refused to withdraw causing severe traffic congestion on the busy stretch. Additional police personnel were deployed to regulate traffic. A case was registered by Natham Police, and further investigation is underway. Authorities have also initiated steps to freeze cryptocurrency wallets used by the accused. A non-transaction request has been issued to the registration authorities to prevent the sale, transfer, or alteration of immovable properties linked to the accused. Lookout circulars (LOCs) have also been issued against key suspects, the official added. However, only stones and sand used for construction could be found. Residents had been closely monitoring his house premises amid speculation that large amounts of cash was stashed inside a septic tank. A police team led by Natham inspector Pongunasekaran broke open and excavated the septic tank but found no valuables inside. Download the TOI App.
Dindigul district police had earlier arrested agents Ramesh, his wife Anita, and Vijay. I nset: Septic tank searched in Dindigul TNN Dindigul: Police on Monday broke open and searched a septic tank at the house of an agent arrested in the FQL fraud in Kasampatti near Natham, following claims that crores of rupees had been hidden there.